First American Bank of Pennsylvania in Everett, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 2005

First American Bank of Pennsylvania in Everett, Pennsylvania (PA)
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First American Bank of Pennsylvania - Overview

General
FDIC Certificate #: 7495
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Susquehanna Bank (#9694)
Federal Reserve ID: 147914
Date Established: May 14, 1902
WWW: http://www.fabpa.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Interstate: No)
OTS Docket #: 12838
FDIC's unique #: 4866
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: April 15, 2005
Last Structure Change Process Date: April 25, 2005
Last Data Update: April 25, 2005
Data Source Date: April 05, 2012
Location
Address: 140 East Main Street, Everett, PA 15537
County: Bedford
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Wexford
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Financial Summary
Total assets: $212.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2004)

Dollar figures in thousands
54Total employees (full-time equivalent)
$217,973Total assets
$6,117Cash and due from depository institutions
$140Interest-bearing balances
$28,820Securities
$0Federal funds sold & reverse repurchase agreements
$167,438Net loans & leases
$1,350Loan loss allowance
$0Trading account assets
$3,515Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$12,083All other assets
$217,973Total liabilities and capital
$199,108Total liabilities
$180,048Total deposits
$148,192Interest-bearing deposits
$180,048Deposits held in domestic offices
0.00%% insured (estimated)
$17,887Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,173All other liabilities
$18,865Total equity capital
$18,865Total bank equity capital
$18,865Perpetual preferred stock
$0Common stock
$300Surplus
$2,253Undivided profits
Memoranda
$16,312Noncurrent loans and leases
$47,074Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$419Earning assets
$0Long-term assets (5+ years)
$565Average Assets, year-to-date
$196,398Average Assets, quarterly
$40,442Volatile liabilities
$209,402Insider loans
$215,999FHLB advances
$45,763Loans and leases held for sale
$3,240Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$47,074Total unused commitments
$0Restructured Loans and leases
$1,350Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$10,518Total interest income
$3,126Total interest expense
$7,392Net interest income
$180Provision for loan and lease losses
$1,738Total noninterest income
$0Fiduciary activities
$677Service charges on deposit accounts
$0Trading account gains & fees
$1,061Additional noninterest income
$5,401Total noninterest expense
$2,279Salaries and employee benefits
$403Premises and equipment expense
$2,719Additional noninterest expense
$3,549Pre-tax net operating income
$0Securities gains (losses)
$912Applicable income taxes
$2,637Income before extraordinary items
$0Extraordinary gains - net
$2,637Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$55Sale, conversion, retirement of capital stock, net
$1,000Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.61%Yield on earning assets
1.67%Cost of funding earning assets
3.95%Net interest margin
0.93%Noninterest income to earning assets
2.88%Noninterest expense to earning assets
1.26%Net operating income to assets
1.26%Return on assets (ROA)
1.69%Pretax return on assets
14.55%Return on equity (ROE)
9.03%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
327.27%Credit loss provision to net charge-offs
67.80%Efficiency ratio
59,157Assets per employee
4.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
37.92%Loss allowance to loans
0.80%Loss allowance to noncurrent loans
322.20%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.25%Net loans and leases to deposits
93.00%Net loans and leases to core deposits
110.03%Equity capital to assets
8.65%Core capital (leverage) ratio
8.78%Tier 1 risk-based capital ratio
10.63%Total risk-based capital ratio
Memoranda
$11Average assets
$209,402Average earning assets
$18,126Average equity
$187,368Average loans

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